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US Share of World Economy Projected to Reach Historic Low


The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

Bitcoin Nears $63.8K Resistance: Next Week Projection $67K


Following an era of robust selling pressure and market uncertainty, the global crypto market has rebounded solidly, with Bitcoin leading the recovery. Altcoins are also benefiting from this market optimism, with many eyeing gains of 1-7% in their prices. As crypto analyst Michael Van de Poppe...

Bitcoin Blips Under $60K – Speculations for ’24 Second Half


Today’s crypto market has witnessed Bitcoin (BTC) trade at worrisome lows. BTC momentarily tanked below $60,000 to trade at $59,712.55 at 13:36 GMT+3.  Currently, BTC is worth $60,398.17 on CoinGecko, while the coin trades at $60,160.51 on Binance. The price is a little higher...

VanEck revises ETH growth projection to $22,000


VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...

Peter Brandt raises his projection for the Bitcoin price to $200k


Peter Brandt, a notable trader in the crypto sphere, raised his projection for the value of Bitcoin tokens. Brandt expects the bull market cycle to last until August/September next year, that is, 2025. The earlier projection had a value of $120,000. He raised that to $200,000. Irrespective of...

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